- Compass Group 887.00 0.00
- Croda Intl. 2,529.00 0.00
- Eurasian 254.80 0.00
- Hsbc Hldgs.uk 726.00 0.00
- Next 4,580.00 0.00
- Woburn Energy 1.50 0.00
- Xtract 0.13 0.00
Admiral group turnover up 9%
Thursday, 26th April 2012
Insurance group Admiral has made a good start to the year with group turnover up 9% at £586m.The group's vehicle count increased 17% to 3.4 million (Q1 2011: 2.9 million) and the UK car insurance vehicle count increased 13% to 3.0 million (Q1 2011: 2.7 million).
Admiral says this represents an annualised growth rate in the first quarter of the order of 5%.
International car insurance vehicle count increased 83% to 350,000 (Q1 2011: 190,000).
Chief executive Henry Engelhardt said: "Admiral has made a good start to the year with performance in the first quarter as we had expected.
"Our business continues to grow and prosper and our expectations for the full year remain positive and unchanged."
At 8:05am: (LON:ADM) Admiral Group share price was -12.5p at 1218.5p
Story provided by StockMarketWire.com
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